---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-050929"
form_type: "8-K"
ticker: "UCB"
cik: "0000857855"
company_name: "UNITED COMMUNITY BANKS INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:46:25.917115+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# United Community Q1 net income $62.6M, diluted EPS $0.51, down 2% YoY

## Summary
- Net income Q1 2024 of $62.6M; GAAP diluted EPS $0.51 vs $0.52 YoY; operating EPS $0.52.
- Net interest margin 3.20% (+1bp QoQ); core deposits grew 5% annualized; loans grew 1.2% annualized.
- Pre-tax pre-provision income $93.7M; operating ROA 0.93%, return on tangible common equity 10.68%.
- Net charge-offs $12.9M (0.28% of avg loans, up 6bp QoQ); NPAs 0.39% of total assets.
- Quarterly dividend declared at $0.23 per share, flat YoY.

## SEC filing metadata
- accession: 0001104659-24-050929
- form_type: 8-K
- ticker: UCB
- cik: 0000857855
- company_name: UNITED COMMUNITY BANKS INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857855/000110465924050929/0001104659-24-050929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857855/000110465924050929/tm2412454d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-050929
- JSON: https://secwatch.observer/filing/0001104659-24-050929.json
- Plain text: https://secwatch.observer/filing/0001104659-24-050929.txt

## Key facts
- Earnings Releases
  UNITED COMMUNITY BANKS INC reported first fiscal quarter of 2024 results: net income net income for the first quarter was $62.6 million, EPS Diluted earnings per share of $0.51.
  - Period: first fiscal quarter of 2024
  - Net income: net income for the first quarter was $62.6 million
  - EPS: Diluted earnings per share of $0.51
  - Result: reported results
  source text: On April 24, 2024, United Community Banks, Inc. (“United”) issued a press release announcing financial results for its first fiscal quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/857855/000110465924050929/0001104659-24-050929-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.